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425 Chapel St SW
Multi-Family
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$189,900

425 Chapel St SW, Atlanta

80% below median
0 bd·0 ba·0 sqft
Built 2006784 sqft lotDowntown Atlanta

425 Chapel St SW, Atlanta, GA

0 bd · 0 ba · 0 sqft Multi-Family listed at $189,900, built in 2006 in the Downtown Atlanta neighborhood.

About this home

** A major advantage for investors: this unit has an Active Lease Permit in place, with Proven Rental History, offering immediate rental potential within a community with regulated leasing.** Set in the heart of Castleberry Hill at the sought-after Duo Condominiums just a short walk from Mercedes-Benz Stadium this Light-Filled condo delivers the perfect blend of Urban Lifestyle, Investment Appeal, and Modern Comfort. Positioned just moments from both the transformative Centennial Yards redevelopment and Atlanta's premier sports and entertainment venues, this is a rare opportunity to own in one of the city's fastest-evolving downtown districts. Ceilings, and Oversized Windows that fill the space with natural light. The Kitchen is anchored by Warm Wood Cabinetry, Granite Countertops, Brand-New Stainless Steel Appliances (stove, microwave, refrigerator), and a Spacious Center Island ideal for everyday living, entertaining, or rental appeal. The layout flows seamlessly into the Living Area with direct access to a Private Balcony, creating an effortless indoor-outdoor connection and a front-row seat to city energy. The Bedroom offers generous space, New Carpet, large windows, and a flexible layout. The Bathroom features modern fixtures, and ample storage. Additional highlights include In-Unit Laundry, Updated Lighting, and a Newer HVAC System (2022), with nearly $30,000 in recent improvements making this home truly Move-In Ready. Residents of Duo enjoy Resort-Style Amenities including a Pool, Fitness Center, Secure Building Access, and an Assigned Parking Spot rare perks in this price point and location. Step outside and experience the best of Downtown Atlanta living. Mercedes-Benz Stadium is an easy 10-minute walk, with State Farm Arena, Centennial Olympic Park, MARTA, award-winning restaurants, breweries, art galleries, and nightlife just moments away. Whether you're a first-time buyer, city dweller, or investor seeking Strong Rental Demand and Long-Term Upside, this condo stands out as a Smart, Strategic Opportunity in a neighborhood poised for continued growth. A rare chance to secure Style, Location, and Flexibility in one of Atlanta's most dynamic urban pockets. With Atlanta set to host global events like the 2026 FIFA World Cup and the 2028 Super Bowl, the property offers exciting long-term potential in a city continuing to attract international attention and visitors.

Property details

Price
$189,900
Bedrooms
0
Bathrooms
0
Year built
2006
Lot size
784 sqft
Type
Multi-Family
Days on market
47
Est. property tax
$1,747/yr · $146/mo · 0.92% GA avg

Estimated monthly payment

Down payment20% ($37,980)
Interest rate6.75%
Principal & Interest$985
Property Tax$174
Insurance$150
Total$1,309/mo

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Price history

$198K$150K$102K$110K on Sep 16 (Initial list)$110K on Oct 16 (Sold)$190K on Mar 26 (Initial list)
$110K · Sep 16$190K · Mar 26
  1. Mar 9, 2026$189,900Initial list price
  2. Oct 14, 2016$110,000Sold
  3. Sep 6, 2016$110,000Initial list price

Location

This home is located in Atlanta, GA. Browse more Atlanta listings on the Atlanta market page or explore the full Atlanta market report.

About Atlanta: Atlanta is the capital and most populous city of the U.S. state of Georgia. It is the county seat of Fulton County and extends into neighboring DeKalb County. With a population of 498,715 at the 2020 census and an estimated 520,070 in 2024, Atlanta is the eighth-most populous city in the Southeast and the 36th-most populous city in the United States. Atlanta is classified as a Beta+ global city. The Atlanta metropolitan area has an estimated population of over 6.4 million and is the sixth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over 1,000 feet (300 m) above sea level, Atlanta features a unique topography that includes rolling hills, lush greenery, and the densest urban tree coverage of any major city in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 63°F with 206 dry days per year and 48.8 inches of annual rainfall.

Location

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